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UK economy likely to avoid recession based on latest PMI data
(Alliance News) - The UK economy is likely to avoid a recession this year, according to Pantheon Macroeconomics, as the latest PMI data showed services leading the private sector into...
Read moreGold shines as price hits an all-time high
(Alliance News) - Gold captured attention on Monday, with its price hitting a new all-time height and since pulling back....
Read moreUS manufacturing suffers in November despite end of automotive strikes
(Alliance News) - The US manufacturing sector continued its contractionary tend in November, raising concerns among analysts that the world's largest economy is "stuck in a rut"....
Read moreUK house prices show monthly rise but "don't get too excited"
(Alliance News) - The annual pace of decline in UK house prices eased slightly in November, according to new data from Nationwide on Friday, but according to analysts a "material...
Read moreEyes turn to Beijing government as China economic data remains poor
(Alliance News) - China's factory activity contracted again in November, new data on Thursday showed, adding to the heap of issues facing the Chinese economy....
Read moreUK mortgage approvals up as "direction of travel" for rates is down
(Alliance News) - The trough in UK mortgage approvals is "behind us", data from the Bank of England suggested, though with interest rates at robust territory, a return to pre-virus...
Read moreFall in shop price inflation welcomed but fresh headwinds lie ahead
(Alliance News) - A further easing in shop price inflation was warmly welcomed but retail chiefs and City analysts warned that recent measures taken by the government could scupper further...
Read moreOil prices stage recovery but Opec+ remains under spotlight
(Alliance News) - The price of oil recovered somewhat on Friday, edging above the USD81 mark, after dropping following the unexplained postponement of the Opec+ meeting....
Read moreNot a "strong growth driver in sight" for Germany amid fiscal woes
(Alliance News) - Whilst business sentiment in Germany improved slightly this month, analysts are still feeling fairly sombre about the country's economic prospects....
Read moreRise in UK consumer confidence gives green light to Black Friday
(Alliance News) - UK consumer confidence bounced back in November, figures on Friday showed, giving retailers much needed encouragement amid the key Black Friday weekend and the run-up to Christmas....
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